Potbelly Corporation Announces Resignation of Chief Financial Officer
August 31 2018 - 8:00AM
Potbelly Corporation (NASDAQ: PBPB) today announced the resignation
of Michael Coyne, Chief Financial Officer, who is leaving Potbelly
to accept a senior leadership position with another company. Mr.
Coyne will continue in his current position as Chief Financial
Officer until September 21, 2018. Potbelly has begun a search to
identify qualified candidates to fill the CFO position. Potbelly
has a strong financial team in place that will continue to support
the Company's strategy during the search process.
Alan Johnson, Chief Executive Officer of
Potbelly, commented, "Mike has been a great member of the Potbelly
team during his tenure as our CFO and as interim CEO prior to my
joining Potbelly. Mike has been extremely helpful to me during my
transition to leading Potbelly, and I want to personally express my
gratitude for his work and contribution. Mike will be assisting as
we transition to a new CFO. I wish Mike nothing but the best in his
new position.”
Mr. Coyne added, "My time and experience at
Potbelly has been tremendous. I have worked with great people in an
absolutely unique culture. I have especially enjoyed working with
Alan as he has taken a fresh strategic look at the business. I look
forward to seeing Potbelly execute on the long-term strategy we
have put in place.”
About Potbelly Sandwich
ShopPotbelly Corporation is a neighborhood sandwich
concept that has been feeding customers’ smiles with warm, toasty
sandwiches, signature salads, hand-dipped shakes and other fresh
menu items, customized just the way customers want them, for more
than 40 years. Potbelly promises Fresh, Fast & Friendly service
in an environment that reflects the local neighborhood. Since
opening its first shop in Chicago in 1977, Potbelly has expanded to
neighborhoods across the country – with more than 450 company-owned
shops in the United States. Additionally, Potbelly franchisees
operate more than 50 shops domestically, in the Middle East, Canada
and India. For more information, please visit our website at
www.Potbelly.com.
Contact: Investor Relations(312)
428-2950Investors@Potbelly.com
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